Explanation Is Advanced for Dollar Devaluation Debate
Washington June 28 AP experts trace the current dollar devaluation question to 1933 banking crises and foreign currency instability. They note the 1934 devaluation reduced gold content to $35 an ounce, creating a managed currency aimed at lifting commodity prices, while keeping 100 cents to the dollar. The stabilization fund of $2 billion backs Treasury actions to smooth foreign exchange swings and protect trade.
MENTIONED IN THIS ARTICLE
D. Harold Oliver Washington
America
Senate
United States
Treasury
Morgenthau
Congress
Stabilization Fund
BAILY CROSS WORP PUZZLE HORIZONTAL L
A compact cryptic style puzzle listing clues across horizontal and vertical entries with references to a dancer named Dietared and various wordplay hints, including numbers and definitions, indicating a published brain teaser from a historical newspaper page segment.
Border Adventure at the Rio Grande Crossing
Sheridan Starr and Betty Mary escape Barro’s danger by crossing the border at night into the United States. They reunite with Hope Kildare and plan to counter Barro’s next move by sending an undercover agent back into Mexico. The trio weighs risks as they consider future border security and potential espionage.
MENTIONED IN THIS ARTICLE
Qheridan
Starr
Mexico
Betty Mary
Sheridan
Sherry
Hope
el Paso
Rio Grande
Betty
United States
Mr. Starr
Jordan
Washington
Hone Kildare
San Felipe Canyon
Juarez
Barro
New Channel
Big Sheridan
Hope Kildare
Silver Purchase Program Sparks House Senate Debate
Legislation tracing to 1933 34 established unlimited coinage of silver and treasury purchases above world price. The House backed ongoing buys at 64.64 cents per ounce while the Senate proposed 77.57 cents. Senators voted to halt silver purchases to boost trade with silver producing nations, a plan supporters say would lift silver value as money though critics say it cost millions with little aid to others.
MENTIONED IN THIS ARTICLE
Ing
Congress
Treasury
House
Senate
Senate Esc
Oddities From The Day's News Spotlight
Humorous clippings show Mrs. William Preston summoning firemen to unlock her two year old's locked bathroom and a Fayetteville man who hitchhiked 60 miles home after a head injury. In Salt Lake City a Boston bull prompts a joking inquiry about cool travels as a motorist seeks dry ice.
MENTIONED IN THIS ARTICLE
Touita
Pittsburgh
Isabelle Farrel
Cleveland
Medina
Associated Press
Indianapolis
William Preston
Billy
Hardy
Salt Lake City
Boston
W. D. Rishel
Utah Automobile Association
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Alia
JIS
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Tennce
Barro Rancho
Hoye
Los Angeles
Rishel
Utah-Nevada Desert
George Clark
Red Ryder
Harmon
RED Rider
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Little Beaver
Papa Morgan
Red
Morgan
Wash
Carol
Freckles
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South Sea Islands
QUA Cosmetics Department
Ohi
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By Blosser
BiLt
MR. Jones
Dickie Dare
H'Ray
der Choy
By Waugit
Mister Vlynn